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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #74,041
  • Dec 21, 2016 3:02am Dec 21, 2016 3:02am
Quoting JanCeulemans
I myself am facing another challenge. You see, on USDJPY 1 hour we see a nice crossover to buy. {image} However, if I compare it to the 4H chart we se the oposit. So, what would you guys do? I think better to stay out of the 1H trade, no? {image}
I saw that Jan and was tempted but didn't like the look of the other JPY majot pairs so decided to do nothing.
All for one and one for all
  • #74,042
  • Dec 21, 2016 3:23am Dec 21, 2016 3:23am
Quoting ashkan_no9
{quote} Hi Oreo I use TDI-RT-Clone for TDI and Synergy_APB for HA candles. Right table is an indicator created by griffinssoul. This shows other TF TDI situation. For more information you can visit this thread. Regards, Ashkan {file} {file}
thank you so much for sharing your template. It does look pretty neat!

how do you use the pivot points in the TMS strategy?
  • #74,043
  • Dec 21, 2016 3:28am Dec 21, 2016 3:28am
Quoting ashkan_no9
{quote} I use TDI-RT-Clone and Synergy_APB. If you want to use my template you have to use these indicators. There is no difference between Synergy_HA and Synergy_APB, except their names. Read this post by Emmanuel for knowing the difference between TDI-RT and TDI green red. Regards, Ashkan
Thanks Ashkan. Also did some research while waiting for your reply and found that one. I just did not yet find the meaning of the circles and the colored square in table.
One more thing, is this TDI-RT-Clone same as the TDI-RT? did you just added the -Clone in the name for the customization of TDI-RT indicator for the template? Sorry for asking man, just wanna be sure how my indicators work or if i had the right indicator in my mind. Especially TDI which has many versions.

Thanks,
Oreo
  • #74,044
  • Dec 21, 2016 3:33am Dec 21, 2016 3:33am
Quoting cvgreen46
{quote} I saw that Jan and was tempted but didn't like the look of the other JPY majot pairs so decided to do nothing.
In the end I decided to stick to my favorite TimeFrame, 4H but use the shorter timeframes like the 1H and 15M to see what price was doing.

when the 15M PA and TDI went down (TDI green crossing Red down and HA Red) I decided to follow the earlier 4H signal which was already there at London Open (even before)

I took a modest profit on this one. I did not let it develop as I usualy would do that for these days markets are more ranging than anything else and we are very close to the hollidays. However, it was a nice trade, nice excersise and it was rewarded
First comes knowledge about yourself, then comes a system...
  • #74,045
  • Dec 21, 2016 7:16am Dec 21, 2016 7:16am
In honor to Big E and to all who contributed so much in this thread using TMS I made a little (very little) video showing a small trade I took.

It's a trade on the 15 minute Chart USDJPY on december 21 2016 a little before New York open. This video is just meant as a nice way to show how Trading Made Simpel Works

Inserted Video


The video shows a profitable mini trade.
Now look below... right after finishing the video the price went back up

Again, this was just to show the effectiveness of this wonderfull system. Normaly I will not trade on a 15M Time Frame but on the 4H.

Attached Image (click to enlarge)
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Hope you like it

Jan
First comes knowledge about yourself, then comes a system...
  • #74,046
  • Dec 21, 2016 10:48pm Dec 21, 2016 10:48pm
Would like to ask a little question after you enter a trade..

Will you set your stop loss to break even if you are in 10 or 20 pips of profit?
  • #74,047
  • Dec 21, 2016 11:04pm Dec 21, 2016 11:04pm
Quoting brian661
Would like to ask a little question after you enter a trade.. Will you set your stop loss to break even if you are in 10 or 20 pips of profit?
In most cases I do. Specialy if I cannot stay at the screen I will set a trailing stop. In other cases I will at some point set my SL to Break Even after a certain amount of pips gained. Sometimes it is better to wait until there is enough breathing space for the market before setting it to Break Even. 10 pips for example can be too tight.
First comes knowledge about yourself, then comes a system...
  • #74,048
  • Dec 21, 2016 11:34pm Dec 21, 2016 11:34pm
just recently open position. please guys comment on my daily trade whether is it accurate according to tms or not?
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  • #74,049
  • Dec 22, 2016 12:36am Dec 22, 2016 12:36am
Quoting dharmikpatel
just recently open position. please guys comment on my daily trade whether is it accurate according to tms or not? {image} {image}
I myself am using TMS just recently and I have read and studied it all the time.
So, my comments should be verified by more experienced members. However, for as far as I can see I will comment.

As for the first chart

According to the original TMS rules you should enter a trade as soon as green crosses red. In this case you entered a trade when the green line bounced suggesting a continuation which is ok. However, TMS states that these kind of setups are less strong but could work anyway.
My observation would be that you are buying on a high level but again, this trade could work out fine.

As for the second chart

I may assume this is a SELL position?

In my honest opinion you took that trade too late. Could work out but I would have not taken that trade.
Why, TMS states to enter a trade at the first or second candle when green crosses red. This seems not the case on your chart. If I count right you entered on the sixth candle. Also note that on this chart the green line approaches the 50% level. Since we are very near the hollidays it could be prices will enter a ranging mode, so nothing realy exciting may happen and you are kind of stuck in this trade.
However, as always, anything can happen at any time. This trade could end up in profit after all but in terms of probabilities it may be not have been the best setup.

Now, this is just my observation. Please realise that what I comment could be true or false since it is the market which is going to decide

Jan
First comes knowledge about yourself, then comes a system...
  • #74,050
  • Dec 22, 2016 1:10am Dec 22, 2016 1:10am
Quoting dharmikpatel
just recently open position. please guys comment on my daily trade whether is it accurate according to tms or not? {image} {image}
Before considering any cross we must look left. What those red and blue box on your chart means to you?
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Sad i'm not trying to understand PA
  • #74,051
  • Dec 22, 2016 2:50am Dec 22, 2016 2:50am
Hi All,

Just wondering if anyone of you already have an indicator which is in tabular form which shows the m15, m30, 1hr and 4hr Synergy_APB color (blue or red) of the pair it is attached to? Im looking for somethin that is similar as the TMS monitor table of APB candles but with lower time frame and only shows the pair it is attached to? somewhat a row that can be placed below the Angealator and show the HA color?

Sorry for the long description. Hope you guys at least understand my question.

THanks,
Oreo
  • #74,052
  • Dec 22, 2016 3:18am Dec 22, 2016 3:18am
Correct me if I am wrong, I think it's better to wait until the price breaks barriers (S/R/H/L) before entering trades to increase success rate, I just entered this one:
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Hence I won't open these two trades until they break support below, retrace and bounce back:
anyway GN did give some pips even before breaking below..
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Focused Thought & Strong Desire Manifest Reality
  • #74,053
  • Dec 22, 2016 3:24am Dec 22, 2016 3:24am
Another example to trade breaking out, I think both APB and TDI are here to confirm the continuation of the trend and to show entry point:
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Focused Thought & Strong Desire Manifest Reality
  • #74,054
  • Dec 22, 2016 4:30am Dec 22, 2016 4:30am
Quoting ashkan_no9
{quote} Closed @ +BE... {image}
I thought divergence means HH vs LH and LL vs HL..
Focused Thought & Strong Desire Manifest Reality
  • #74,055
  • Dec 22, 2016 7:06am Dec 22, 2016 7:06am
Seem is a nice EURCAD daily time frame?
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  • #74,056
  • Dec 22, 2016 7:44am Dec 22, 2016 7:44am
1. Are my setting correct?

Heikin Ashi = Default
TDI = Default = RSI period 13, Volatility Band 34, RSI price line 2, Trade Signal line 7, Remaining 0
Stochastics = 8,3,3

2. Is it sufficient to check 4 hour charts just priod to ending time. (6 times a day)?
  • #74,057
  • Dec 22, 2016 9:37am Dec 22, 2016 9:37am
Quoting brian661
Seem is a nice EURCAD daily time frame? {image}
yes... see an actual price chart.. nice pa setup there..
It's in fear when people show what they truly value.
  • #74,058
  • Dec 22, 2016 9:49am Dec 22, 2016 9:49am
Quoting xpertize
1. Are my setting correct? Heikin Ashi = Default TDI = Default = RSI period 13, Volatility Band 34, RSI price line 2, Trade Signal line 7, Remaining 0 Stochastics = 8,3,3 2. Is it sufficient to check 4 hour charts just priod to ending time. (6 times a day)?
Hi xpertize, happy to help.

My defaults are slightly different to the ones you have listed but not everybody uses exactly the same indicator inputs on this thread. That is not a problem as long as you stick to what you have, get comfortable with it and react to it using the standard TMS rules.

I have been very happy with my setup which has been making me money but is slightly different to your setup. If you would like me to show you what I have please post a screen shot of any chart with your indicator window open like the one below:
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Then I can see the indicators you are using and help you with the inputs.

Cheers, Chris
All for one and one for all
  • #74,059
  • Dec 22, 2016 10:07am Dec 22, 2016 10:07am
Hello Cvgreen,
Quote
cvgreen46 , Hi...inputs
,

Recenty took the first trade from this system. Four Hour GBP/USD
The primary indicator TDI (13,34,2,7) crossed downside, Heikin Ashi was red and there was confirmation from 8,3,3, stochastics.

I Set the stop loss above the previous two candle high 1.23799.

Will exit if TDI turn flat, hooks or makes a check

Thanks and Regards,
Xpertize
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  • #74,060
  • Edited 10:27am Dec 22, 2016 10:16am | Edited 10:27am
tnx a lot guys, janC and omonisha for analysis.i closed the trades before the news and gained around 60 pips from both trades.if i did not close the trade i could win total 160pips.i think i should keep running the trade during news for D1 candle with keeping stoploss +5pips. is it good strategy to keep running trade with +5pip stoploss during news or kill the the trade before 30 minute news?please guide me janC.
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